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Earnings per Share
3 Months Ended
Mar. 31, 2021
Earnings Per Share [Abstract]  
Earnings per Share
Note 15. Earnings per Share

Basic and diluted earnings per share (“EPS”) were calculated as follows:
 For the Three Months Ended
March 31,
 20212020
 (in millions, except per share data)
Net earnings$968 $743 
Noncontrolling interest earnings(7)(7)
Net earnings attributable to
   Mondelēz International
$961 $736 
Weighted-average shares for basic EPS1,412 1,434 
Plus incremental shares from assumed conversions
   of stock options and long-term incentive plan shares
10 11 
Weighted-average shares for diluted EPS1,422 1,445 
Basic earnings per share attributable to
   Mondelēz International
$0.68 $0.51 
Diluted earnings per share attributable to
   Mondelēz International
$0.68 $0.51 

We exclude antidilutive Mondelēz International stock options from our calculation of weighted-average shares for diluted EPS. We excluded antidilutive stock options and performance share units of 3.6 million in the first three months of 2021 and 4.0 million in the first three months of 2020.